Sentence examples for property rule from inspiring English sources

Legal academics call this substituting a property rule for a liability rule.

This is just to say that initially natural resources are not protected by a property rule (which requires consent for permissible use or appropriation).

A boundary will have the force of a claim protected by a property rule if and only if such a condition is present.

On this view, natural resources are initially not merely unprotected by a property rule (i.e., permissible use does not require anyone else's permission); they are also unprotected by a compensation liability rule (i.e., no compensation is owed if one uses).

Lockean libertarianism views natural resources as initially unprotected by any property rule (no consent is needed for use or appropriation) but as protected by an ongoing compensation liability rule.

One's claim with respect to some object O is protected by a property rule if one must be allowed to do as one sees fit with O as long as one abides by the applicable side constraints.

Intellectual property rules, for example, have increased pharmaceutical companies' power to raise prices.

Over the next few years, Love became known for his formidable grasp of intellectual property rules.

She tried it both before and after the community property rules took effect for domestic partners.

A useful first step would be to simplify and relax those property rules.

Mr. Baucus said he was particularly concerned about failure to enforce intellectual property rules.